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New England Realty Associates LP Stock Research

NEN

76.25USD+0.25(+0.33%)Delayedas of 25 Jan 2023, 03:52 pm

Market Summary

USD76.25+0.25
Delayedas of 25 Jan 2023, 03:52 pm
0.33%

NEN Stock Price

NEN RSI Chart

NEN Valuation

Market Cap

242.5M

Price/Earnings (Trailing)

-315.05

Price/Sales (Trailing)

3.96

Price/Free Cashflow

14.27

NEN Price/Sales (Trailing)

NEN Profitability

Return on Assets

-0.61%

Free Cashflow Yield

7.01%

NEN Fundamentals

NEN Revenue

Revenue (TTM)

65.6M

Revenue Y/Y

9.61%

Revenue Q/Q

2.12%

NEN Earnings

Earnings (TTM)

-2.4M

Earnings Y/Y

-57.36%

Earnings Q/Q

-29.04%

Price Action

52 Week Range

67.0084.64
(Low)(High)

Last 7 days

6.4%

Last 30 days

2.1%

Last 90 days

-0.6%

Trailing 12 Months

-3.7%

NEN Financial Health

NEN Investor Care

Peers (Alternatives to New England Realty Asso)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.0B
4.0B
3.74% -12.10%
11.19
12.69
24.01% 170.44%
30.8B
4.6B
6.08% -29.17%
21.38
6.75
4.35% 106.20%
27.0B
-
8.52% -17.42%
13.36
0.72
19.45% 38.39%
19.2B
2.2B
6.72% -21.60%
53.83
8.83
12.27% 38.71%
17.5B
1.5B
6.28% 16.22%
35.78
12.06
14.82% 9.92%
MID-CAP
8.6B
21.2B
11.54% -29.09%
9.5
0.4
16.07% 14.02%
3.2B
10.3B
15.98% -35.62%
10.28
0.31
17.82% 306.24%
2.3B
264.4M
10.10% -19.50%
21.87
8.85
-39.95% -76.97%
SMALL-CAP
1.6B
3.1B
7.62% -42.30%
7.01
0.51
22.16% -62.15%
1.5B
1.5B
8.14% -17.79%
9.64
0.99
45.92% 52.09%
683.8M
2.4B
43.72% -78.80%
-2.39
0.28
60.60% -317.35%
365.7M
32.8M
-10.58% 73.90%
1.13
11.13
-37.60% 2961.50%
242.5M
65.6M
2.11% -3.73%
-315.05
3.96
8.45% -110.88%
95.4M
65.6M
-13.70% -11.38%
-13.62
1.45
50.06% -359.30%
89.2M
22.1M
-7.46% 10.65%
-340.39
4.04
7.96% -162.01%

Financials for New England Realty Asso

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue2.3%6664636161
  S&GA Expenses2.5%33222
Interest Expenses1.8%1414141414
Net Income-15.8%-2.39-2.06-2.70-0.77-1.13
Net Income Margin-13.2%-0.04*-0.03*-0.04*-0.01*-0.02*
Free Cahsflow-12.2%1416161717
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets11.3%390350357289290
    Cash Equivalents43.7%13392962523
Liabilities10.6%449406406334334
Float-121----
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-12.2%14,06616,02115,78316,99617,096
Cashflow From Investing7.9%-2,325.53-2,526.15-2,332.45-2,304.22-2,246.61
Cashflow From Financing68.3%97,52357,94863,986-6,923.50-6,878.45
  Buy Backs37.9%7,3785,351450--

Risks for NEN

What is the probability of a big loss on NEN?

36.9%


Probability that New England Realty Asso stock will be more than 20% underwater in next one year

17.7%


Probability that New England Realty Asso stock will be more than 30% underwater in next one year.

0%


Probability that New England Realty Asso stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NEN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if New England Realty Asso was unfortunately bought at previous high price.

Drawdowns

Returns for NEN

Cumulative Returns on NEN

12.0%


10-Year Cumulative Returns

8.8%


7-Year Cumulative Returns

3.2%


5-Year Cumulative Returns

9%


3-Year Cumulative Returns

What are the long-term rolling returns for NEN?

FIve years rolling returns for New England Realty Asso.

Annualized Returns

Which funds bought or sold NEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%
2022-11-14
MORGAN STANLEY
unchanged
-
-
326,000
-%
2022-11-14
JPMORGAN CHASE & CO
unchanged
-
-
35,000
-%
2022-11-14
LPL Financial LLC
unchanged
-
-
755,000
-%
2022-11-14
WELLS FARGO & COMPANY/MN
unchanged
-
-
102,000
-%
2022-11-14
Cerity Partners LLC
unchanged
-
-
439,000
-%
2022-11-14
BANK OF AMERICA CORP /DE/
unchanged
-
-
273,000
-%
2022-11-14
COMMONWEALTH EQUITY SERVICES, LLC
new
-
456,000
456,000
-%
2022-11-10
UBS Group AG
added
1.86
1,000
38,000
-%
2022-11-07
Warberg Asset Management LLC
reduced
-6.74
-93,000
1,291,000
0.22%

1–10 of 14

Latest Funds Activity

Are funds buying NEN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NEN
No. of Funds

New England Realty Asso News

NEN Fair Value

Recent SEC filings of New England Realty Asso

View All Filings
Date Filed Form Type Document
Jan 19, 2023
10-Q
Quarterly Report
Jan 03, 2023
4
Insider Trading
Jan 03, 2023
4
Insider Trading
Dec 06, 2022
8-K
Current Report
Nov 21, 2022
8-K
Current Report
Nov 10, 2022
NT 10-Q
NT 10-Q
Nov 09, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading

Latest Insider Trading transactions for NEN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-30
Brown Jameson Pruitt
sold
-22,513.7
2,297.32
-9.8
treasurer
2022-12-30
Brown Jameson Pruitt
sold
-1,148.66
2,297.32
-0.5
treasurer
2022-12-30
BROWN RONALD
sold
-7,581.16
2,297.32
-3.3
president
2022-12-30
BROWN RONALD
sold
-459.464
2,297.32
-0.2
president
2022-09-30
BROWN RONALD
sold
-3,822.4
2,389
-1.6
president
2022-09-30
BROWN RONALD
sold
-70,236.6
2,389
-29.4
president
2022-09-30
Brown Jameson Pruitt
sold
-10,989.4
2,389
-4.6
treasurer
2022-09-30
Brown Jameson Pruitt
sold
-210,471
2,389
-88.1
treasurer
2022-09-15
Brown Jameson Pruitt
bought
198,025
79.21
2,500
treasurer
2022-06-30
BROWN RONALD
sold
-5,962.5
2,385
-2.5
president

1–10 of 40

Ronald Brown
New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. As of February 1, 2022, the company owned 2,892 residential apartment units in 25 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts. In addition, it owned a commercial shopping center in Framingham, Massachusetts; one commercial building in Newton and one in Brookline, Massachusetts; commercial space in mixed-use buildings in Boston, Brockton and Newton, and Massachusetts; and 40% to 50% ownership interest in seven residential and mixed use complexes with a total of 688 residential units, one commercial unit, and a 50 car parking lot. NewReal, Inc. serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

NEN Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Rental income$ 16,974,515$ 15,832,492$ 50,260,258$ 46,145,825
Laundry and sundry income103,868114,180330,461336,980
Total Revenues17,078,38315,946,67250,590,71946,482,805
Expenses    
Administrative696,656607,4782,028,3191,819,481
Depreciation and amortization4,114,9133,956,97912,212,27811,806,561
Management fee683,999646,0592,029,4531,867,798
Operating1,410,8431,338,7185,609,3024,792,332
Renting181,574458,040501,906941,281
Repairs and maintenance3,126,9533,128,3698,381,3397,432,860
Taxes and insurance2,302,6482,259,7936,879,4556,688,885
Total Expenses12,517,58612,395,43637,642,05235,349,198
Income Before Other Income (Expense)4,560,7973,551,23612,948,66711,133,607
Other Income (Expense)    
Interest income363,35027363,41174
Interest expense(3,982,445)(3,393,518)(11,060,794)(10,136,630)
Income (loss) from investments in unconsolidated joint ventures93,516(233,130)203,867(796,725)
Other (expenses)(39,994) (874,526) 
Total Other Income (Expense)(3,565,573)(3,626,621)(11,368,042)(10,933,281)
Net Income$ 995,224$ (75,385)$ 1,580,625$ 200,326
Income per Unit    
Net Income per Unit (in dollars per unit)$ 8.32$ (0.62)$ 13.12$ 1.65
Weighted Average Number of Units Outstanding (in units)119,638121,756120,465121,756

NEN Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Rental Properties$ 242,937,926$ 251,355,202
Cash and Cash Equivalents59,473,93996,083,508
Rents Receivable414,659935,303
Real Estate Tax Escrows1,907,378861,697
Investment in U.S. Treasury Bills73,995,586 
Prepaid Expenses and Other Assets7,613,6386,183,981
Investments in Unconsolidated Joint Ventures1,439,1501,455,888
Total Assets387,782,276356,875,579
LIABILITIES AND PARTNERS' CAPITAL  
Mortgage Notes Payable411,475,632370,481,390
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture24,136,80922,992,420
Accounts Payable and Accrued Expenses4,298,2504,324,879
Advance Rental Payments and Security Deposits8,874,3648,369,497
Total Liabilities448,785,055406,168,186
Commitments and Contingent Liabilities (Notes 3 and 9)
Partners' Capital 119,324 and 121,516 units outstanding in 2022 and 2021 respectively(61,002,779)(49,292,607)
Total Liabilities and Partners' Capital$ 387,782,276$ 356,875,579